Hasbro (HAS) closed at $60.54, up 0.26%, outpacing S&P 500 and Dow. Shares lost 12.57% in the past month. Earnings forecasted at $0.70 EPS and $769.7 million revenue, up 14.75% and 1.64% respectively. Recent analyst estimates adjustments may reflect business trends. Zacks Rank system suggests potential stock price movements based on estimate changes.
Hasbro has a Forward P/E of 14.45, higher than industry average. PEG ratio at 2.15, slightly below industry average of 2.17. Toys – Games – Hobbies industry ranks 29 out of 250 industries. Zacks Industry Rank indicates top industries outperform bottom half 2 to 1. Investors advised to monitor these metrics on Zacks.com.
Zacks Research Chief selects top stock with potential to double. Company targets millennial and Gen Z audiences, generating $1 billion revenue. Recent pullback presents buying opportunity. Past Zacks picks like Nano-X Imaging gained +129.6%. Free stock analysis on Hasbro available on Zacks website for further insights.
Read more at Nasdaq: Hasbro (HAS) Outperforms Broader Market: What You Need to Know
